Uht Oh

[Small Biz Owner]

Wal-Mart: Our shoppers are running out of money

money.cnn.com/2011/04/27/news/companies/walmart_ceo_consumers_under_pressure/?section=money_latest


per Mike Duke CEO of Walmart

Wal-Mart (WMT, Fortune 500), which averages 140 million shoppers weekly to its stores in the United States, is considered a barometer of the health of the consumer and the economy.

To that end, Duke said he's not seeing signs of a recovery yet.

[The Virginian]

This echos what we are seeing in our store. Small pockets of buying only to be disappointed later. We are running about 7% behind last year in sales ( The last two years were miserable!)

As the price of gas increases - the less people we see in our store! At one point I believe people were gaining confidence and starting to buy only to see the Gas Prices Sky Rocket and now they are frightened again!

[Small Biz Owner]

Uth Oh 2

Economy in US Grows Less-Than-Forecast 1.8% as Government Spending Drops
Bloomberg - Timothy R. Homan - ý1 hour agoý
The US economy slowed more than forecast in the first quarter as government spending declined by the most since 1983 and household purchases cooled

[The Virginian]

Starting to see signs of Round 2. Hope I'm wrong!

[bga4444]

I knew the cut off on the "99"ers would hurt Walmart the most! That combined with gas prices is just killing the economy. Hey at least when the market starts to really nose dive again we can make some good money "shorting"!!

[usaone]

M3 to the rescue!!

Hang in there for a few more weeks.

[silverguy25]